Search site
Our People
Contact our offices
Make an enquiry
How can we help?
A compulsory liquidation is the result of a winding up petition being issued at court against the business, usually where the business is unable to repay its debt. If the petition is issued your company could be in serious difficulty and you must seek professional advice immediately, speak to a member of our insolvency team on 0203 816 9303.
loading staff
The consequences of a winding up petition being and advertised are your business being unable to trade, as it is common for banks to freeze bank accounts and suppliers to restrict credit terms or demand early repayment of outstanding debts. If the winding up petition is successful an insolvency practitioner is appointed as liquidator and trading should immediately cease. The liquidator assumes full responsibility of the business and any assets which can be sold to raise funds and pay off your creditors.
Our corporate insolvency lawyers are highly skilled in advising businesses experiencing financial pressure and it is never too late to seek help. Our team can identify a range of recovery solutions reducing the risk of insolvency and preventing creditors taking legal action against your business, call us on 0203 816 9303 or complete an online enquiry form and we will contact you directly.
Based on count 551
We're Great
It is our business to deliver legal services that work for our clients, and you can trust our specialists to take care of things on your behalf.
They are very helpful in the matter at hand. They specialise in the problem you have, they listen to everything you have to say and are very professional.
View from an insolvency law client
New rules relating to Houses in Multiple Occupation (HMO) came into effect in England on 1 October 2018 without much fanfare and under the radar of many landlords. As a result of the new rules properties that did not require licencing previously may...
Twitter commercial
Stephensons has announced its most recent round of senior associate appointments across its regulatory , clinical negligence , personal injury and employment teams. The four solicitors have shown a strong commitment to both the firm and their area...
Commercial reorder
We're always here for you
As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.
Find your nearest Stephensons office and arrange a meeting
As an award-winning top 150 law firm, with over 450 staff based in offices across the country, you're never far from the advice you need.
